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News Breaks | | | | February 27, 2013 | | 16:07 EDT |  | LMCA, STRZA | Liberty Media reports Q4 revenue $467M vs. $973M in prior year
Reports Q4 adjusted OIBDA decreased 76% to $77M. Reports Q4 operaing income $25M. Note that on January 11 Liberty Media (LMCA) was spun-off from Starz (STRZA). The financials as of December 31, 2012 include the financial results of Starz, the company said, adding it will present Starz as discontinued operations when reporting results in Q1. | |
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News For LMCA;STRZA From The Last 14 Days Check below for free stories on LMCA;STRZA the last two weeks. |
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| June 17, 2013 | | 09:48 EDT |  | LMCA | Time Warner Cable CEO rebuffed Charter deal, says Deutsche Bank
Deutsche Bank believes Time Warner Cable (TWC) CEO Glenn Britt has rebuffed Liberty Media (LMCA) CEO Greg Maffei's attempts to create a merger of equals among Charter (CHTR) and Time Warner Cable. Deutsche believes a potential deal between Time Warner Cable and Charter is tabled for the moment since Liberty Media Chairman Dr. Malone indicated last week that he was not interested in hostile takeovers. | | | June 16, 2013 | | 19:59 EDT |  | LMCA | Liberty Media and Time Warner Cable CEOs met, WSJ says
In the latest sign that Liberty Media (LMCA) may be interested in sparking consolidation in the cable sector, Liberty Media CEO Greg Maffei is said to have recently met with Time Warner Cable (TWC) CEO Glenn Britt to discuss the benefits of mergers in the cable industry, says the Wall Street Journal, citing people familiar with the matter. Reference Link | | | June 14, 2013 | | 16:34 EDT |  | LMCA | On The Fly: Closing Wrap
Stocks on Wall Street were lower after opening higher, but pulling back from its early levels following consumer confidence data that pulled back from recent six-year highs. The averages moved to their worst levels near mid-afternoon and closed off those levels, with the Dow logging the day's biggest losses. ECONOMIC EVENTS: In the U.S., the producer price index for May rose 0.5% from the prior month, versus expectations for a 0.1% month-over-month increase. Core PPI, which excludes the food and energy components, increased 0.1%, matching forecasts. The first quarter current account balance showed the deficit shrunk to $106.1B, versus consensus for the current account deficit to widen to $111.2B. May industrial production was flat, compared to expectations for it to grow 0.2%, while capacity utilization fell to 77.6% from the revised prior reading of 77.7%. The preliminary Reuters/University of Michigan consumer sentiment reading for June slipped to 82.7 from the prior 84.5 reading, where it had been forecast to hold steady. In Europe, employment in the euro zone currency bloc shrank 0.5% in the first three months of the year from the prior quarter, while the wider EU saw a 0.2% decline. EU consumer prices rose by 0.1% in May, putting the annual inflation rate at 1.4% compared to 1.2% in April, Eurostat said. COMPANY NEWS: Elan (ELN) shares gained $1.05, or 8.33%, to $13.66 after the company said it will explore a possible sale of the company "in light of the expressions of interest received to date." Royalty Pharma, which has been making a hostile takeover bid for the Irish drugmaker, was invited to participate in the process... Walter Energy (WLT) fell $2.56, or 17.43%, to $12.13 after a report by Forbes said the company withdrew a proposed $1.55B loan refinancing. The company later released a statement saying the proposed refinancing would not have raised additional capital and that the company has no material debt principal payments due until 2015. MAJOR MOVERS: Among the notable gainers was Restoration Hardware (RH), up $9.51, or 16.13%, to $68.47 after its quarterly results beat expectations and the company raised its fiscal year outlook. Also higher were shares of Charter Communications (CHTR), up $5.72, or 5.16%, to $116.61, and Time Warner Cable (TWC), up $7.78, or 8.09%, to $103.93 after CNBC's David Faber reported Liberty Media's (LMCA) CEO discussed a combination between Charter and Time Warner with Time Warner Cable's CEO. Among the noteworthy losers was Myriad Genetics (MYGN), down another $4.42, or 13.81%, or $27.59 the day after the Supreme Court ruled on gene patents. INDICES: The Dow was down 105.90, or 0.70%, to 15,070.18; the S&P was down 9.63, or 0.59%, to 1,626.73; the Nasdaq was down 21.81, or 0.63%, to 3,423.56. | | | 14:26 EDT | | LMCA | Charter looking for acquisitions, overture made to Time Warner, CNBC says
 Subscribe for More Information | | | 08:52 EDT |  | LMCA | Liberty Media management to meet with Deutsche Bank
Meeting to be held in London on June 14 hosted by Deutsche Bank. | | | June 13, 2013 | | 10:05 EDT |  | STRZA | On The Fly: Analyst Initiation Summary
Subscribe for More Information | | | 08:47 EDT | | LMCA | Liberty Media management to meet with Deutsche Bank
Subscribe for More Information | | | 06:06 EDT | | STRZA | Starz initiated with a Buy at Sterne Agee
Subscribe for More Information | | | June 12, 2013 | | 09:21 EDT | | LMCA | Liberty Media management to meet with Deutsche Bank
Meetings to be held in Frankfurt/London on June 12 hosted by Deutsche Bank. | | | June 11, 2013 | | 08:04 EDT | | LMCA | Liberty Media management to meet with Deutsche Bank
Subscribe for More Information | | | | 08:01 EDT |  | STRZA | Super Channel expands exclusive licensing deal with Starz
Subscribe for More Information | | | June 10, 2013 | | 09:31 EDT | | LMCA | Liberty Media management to meet with Deutsche Bank
Subscribe for More Information | | | 07:29 EDT |  | LMCA | Time Warner Cable volatility flat into Malone seen stalking merger, Bloomberg
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